Settlement Procedure

No.	Phase	Performed By	Duration	Description
1	Generating historical transaction bills	Huawei Cloud	1 business day	On the seventh day of each month (If there is a holiday, the bill will be postponed to the next business day following the holiday.)
2	Reviewing and sending bills to the sellers	Huawei Cloud	5 business days	The notification for bill review is sent to the email address bound to the Huawei Cloud account of the sellers.
3	Confirming bills	Sellers	/	The sellers confirm bills in the Seller Console of Huawei Cloud KooGallery. Settlement for bills confirmed after the twentieth calendar day of a given month will be postponed to the next month.
4	Initiating payment	Huawei Cloud	6 business days	/
5	Requesting invoice issuance	Huawei Cloud	1 business day	The system sends an email notification to the sellers.
6	Issuing invoices and mailing them to Huawei Cloud	Sellers	/	The sellers issue the invoices with the corresponding tax rate according to the local tax law and send the invoices to the specified address.
7	Making payment	Huawei Cloud	7 business days	Huawei Cloud receives and verifies invoices. If the invoices are correct, Huawei Cloud completes internal accounting and settles with the sellers immediately.

On the seventh day of each month, bills of the previous calendar month are generated. If a transaction involves service supervision and the service flow of the transaction is completed, the bill for the transaction will be automatically generated in the next billing cycle.

Parent topic: Settlement Management

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